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2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia >
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http://purl.umn.edu/46078
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| Title: | An Examination of the Relationship between Food Prices and Government Monetary Policies in Iran |
| Authors: | Shahnoushi, Naser
Henneberry, Shida
Manssori, Hooman |
| Authors (Email): | Shahnoushi, Naser (shahnoushi@ferdowsi.um.ac.ir)
Henneberry, Shida (srh@okstate.edu)
Manssori, Hooman (hooman_2951@yahoo.com) |
| Keywords: | VEC model
food Prices
monetary policy
Iran |
| Issue Date: | 2009-02 |
| Abstract: | This study examines the relationship between food prices and monetary policy variables, using a Vector Error Correction Model (VECM) approach applied to annual data from 1976 to 2006. Results indicate that food prices in Iran have a long-run and short-run equilibrium granger causality relationship with money supply. More specifically, monetary policy reforms are shown to have a significant impact on food prices and domestic agricultural production. These policies influence consumption patterns and have serious implications for poverty reduction, food security issues, and agricultural growth in Iran. |
| URI: | http://purl.umn.edu/46078 |
| Institution/Association: | Southern Agricultural Economics Association>2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia |
| Total Pages: | 22 |
| Collections: | 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia
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| An Examination of the Relationship between Food Prices a.pdf | | 65Kb | PDF | View/Open |
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